2024-08-31-accounts

REGISTERED COMPANY NUMBER: 03583140 (England and Wales) REGISTERED CHARITY NUMBER: 1070235 rt ofthe Trustees and Flnanclal Statements for the Year Ended 31 Au ust 2024 for Gh ll Ro d School Wa]kers A¢countants Limited Statutory Auditor and Chartered Accountants Aireside House Aireside Business Centre Royd Ings Avenue Keighley West Yorkshire BD214BZ

Gh ll Ro ,d School Contents of the Ffinanei41 Statements for the 'ear ended 31 Au 115t 2024 Page Report of the Trustees I to 6 Report of the Independent Auditors 7 to 10 Statement of Financial Actlvllles Balance Sheet 12 Cash Floiy Statement 13 Notes to the Cash Flow Stalement 14 Y4otes to the Flnan¢lal Stg4tements 15 to 23

Gh ll Ro d School stered Dumber: 03583140 Re ort orth¢ Tru$tee$ for the ear ended 31 Au ust 2024 The trustees who are also directoTs of the charity foT the purposes of the con￿an1¢S A¢t 2006, present their rq)ort with the financial statements of the cbarity for the year ended 31 August 2024. The trustees have adopted the provision5 of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accord&Dce with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITtES Objects and public benefit Ghyll Royd school is a registered charity whose charitable objective is the education of children aged 2 to l l. Any surpluses are re - invested ID the charity for the purpose of enhancing the facilities and resources available. The trustees are aware of and have complied with the duty in section 2 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charities Conllnission. One of the school's objectives is to make educalion at Ghyll Royd available to pupils whose families could not otherwise afford the fees through provision of assistance. Pupils learn about charitable Projects in assemblies. in lessons and through guest speakers. Pupils then organise charitable work to support local, national and international charities. This academic year pupils have beeD actively involved in raising fiu)ds for Macrnillan Cancer Researc￿ Royal Britisb Legion, Cbildren in Neelt Comic Relief and Motor Neurone Disease Association. In addition to this. the cbildren collected items for a lo¢al hon￿leSS shelter and I]kley Food Bank. The strength of the school is founded upon its excellent pastoral care, enhanced learning opportunities in small classes with fiTSt Class teachers and endless excitement beyond the classroom. Friendliness and consideralion of others contributes to strong family atmosphere Thrythin the s¢hool. Children can relish their childhood ￿th11St PTeparing for the senior school that best suits thenL In October 2022, the Independent School Inspectorate visited Ghyll Royd and found that the school passed all areas of the educatiot￿ quality and ¢ompliance inspection. Objectives for the year The board of trnstees, main objective continued to be to educatc all the s¢hool's pupils to at least the same high standard as achieved in previous years. The Strategy for achieving this is to limit class sizes in order to n]aintain a high teacher to pupil ratio which allows tailored provision to suit the needs of individual pupil. Ghyll Royd is small enough to ensure there is a caring environment where each child is known and value(L yet is large enough to Provide a wide range of facilities enabling the combination of excellent teaching with a great variety of activities. The aim is for the children to feel safe but at the same time challenged, and understand that good behaviour is highly valued, and unpleasantness is not accepted. Principal A¢tivity The principal activity of ihe charitable company is to ¢arry on and develop the s¢bool for the edu¢atton of its pupils and lo provid¢ ihem with the appropriate facilities necessary for this purpose. At the end of the academic year 2023124 there were 79 pupils in the School and 40 children attended Pre-school on a part and full time basis, 20 children were enrolled for the full calender year. This compares to 77 pupils in the school and 43 children in the pre-school in the prior year. Page I

Gh IIRO d School e isteTed number: 03583140 Re rt of the Tru$te¢s for the 'ear ended 31 Au ust 2024 STRATEGIC REPORT Aehlevement and perforniance Review of Achievements and performance for the year The pupils that left the school in July 2024 achieved great succ¢ss rate in their senior school entrance exan]s and SATS. ID order to attain tbe highest achievements, the school tskes the best from the National Curriculum and go beyond it to offer greater breadth and depth. The curriculum is designed to suit the needs of ihe children as they grow up in an ever increasingly lecl]nologi¢xl world which demands not just the knowledge but also to skills to implement the knowledge. In 2023124 the school was shortlisted, for the sixth conse¢utive year. in the Independent School of the Year awards. Ghyll Royd received Tecognition in th¢ Small School category for the way the pupils carne together to raise money in honour of a member of the School community who has been affected by Motor Neurone Disease. Additionally, the school was the top Independent School for SATS in the Wharfe Valley. Broad horizons are developed unhindered by league tables and national tests. Nevertheless. there are assessments of effort and progress which pupils and parents receive regu]ai reports on. Being physically active is an important part of the school with the children taking part in a wide range of sports. focusing on rugby, hockey, cricket. netball, swinll￿ng and rounders. The Sports Hall and the pitches are in daily use by enthusiastic chilthen and expeTien¢¢d ¢oa¢h¢s. This academic year the school retained Gold Activemark status for its dedication and passion for providing a varied sports cu￿1¢U1uM and over 10 hours of physi¢al activity per weelL Follo￿7ng on from our Previous year's in the National Schools Association Fooiball competition, the khool has taken part in more ISA fixtures in football, rugby. swinllning and cross country. We also entered a local cross county league with great results. Mwi¢. Drama and Art also play an important part in the time sp¢nt at the School. OpportLll)ities contlnue to exist for every child io learn an instrument and all children in the lower school take part in the Christmas Nativity. In Art children are encouraged to develop their creative tslents, expressing themselves in a variety of ways and pupils are regularly recognised in regional and national competitions. In 2023 five Ghyll Royd pupils were finalists in the Independent Schools Associations National Art Competition, two pupils won their categories and two carne 2nd place. Access to the school The school ensures wider a¢¢¢ss to our schooling with fee reductions being offered to many families. In 2023124, 47 hildren in the school received support in the fonn of bursaries and scholarships. The school is ¢ommitted lo enabling all young people to study at the school where they have met the minimum entry standards, regardless of the financial circumstances of their parents. In addition, 5UPPOrt has been found to enable pupils to remain at the school where iheiT parents have encountered serious financial difficulties. This broadens the social mix of pupils in the school and the tn￿teeS believe that thi5 is of substantial benefit to both pupils and the community as whole. The vision for Ghyll Royd includes opportunilies to support the community. The school en¢ourages partnerships with local maintained schools and participates in locally organised sports events with the Keighley and Craven School Gan)es Organiser and also events organised between our Head of Sport and Indi￿dUal schools. The school regularly invite5 local independent and state schools for sports fixtures and to use the facilities. The school h05ted one of the Wharfedale Cross County competilions with many surrounding schools attending. The school grounds are regularly used by local bu5ine5ses and sports clubs including l]kley Harriers and Burley Trojans FC. Several organisations, including Olicana Gymnastics, use the sports hall each week both in the everjings and at the weekends. The hall is considered a valuable as5¢t by numerous clubs in the community. In April 2024, Mr Chris O'connor, Director of Sportscool Ikeds North, began his role as our Head of Sport and Holiday Camp Leader. Using his experience and local reputation, there was a Seamless transition from an external holiday camp into one ran directly from the school. The camp provides a safe, fun and strnctured rnulti-sports offering at competitive rate. The camp is used by Ghyll Royd pupils and children from the surrounding areas. The hall is also available for birthday parties in the hall under the agreement that Mr O'connor hosls the activities, strengthening our reputstion with families in the area. Page 2

Gh 11 Ro d School e stered number: 03583140 rt of the Trustees for the ear ended 31 Au u$t 2024 STIL4TEGIC REPORT Achi¢v¢ment and performvdnce Community links Sports facilities including the sports hall are used extensiv¢ly by local clubs throughout th¢ y¢ar. Local schools take part in sports events and the holiday camp is attended by many local children. The school employs 33 people, a large proportion of whom are based in the local area. Whenever possible, fo(Ml and otber supplies which are needed for the day to day running of the school are purchased locally. Maintenance work is arried out by local contractors. Ffinanelal revieiv Annual review The school pupil numbers have incwsed to 79 and the number of cbildren attending Preschool Teduced to 40. This is slightly lower than the previous year and is near ¢apacity in Pre-school and Nursery. It is the aim of the Management Committee and the Headteacher to achieve continued growth which is expected to be challenging due to the introduction of VAT and the impact of affordabiltty for parents. The school are committed to Mini￿Se this impact because of the excellent quality of education and pastoral care provided by the school. Reserves policy Note 17 of the financial ststements show unrestricted funds amounting to £197.885 (2023.. £251,341). There are no funds freely available because of the amounts invested in fixed assets. The board has detern)ined that the appropriate level of free reserves which are not invested in tangible fixed should be equivalent to 10 weeks expenditure, approxinlately £222,000. Our policy is, therefore, to build up reserves to that level by tneans of annual operating surpluses. These are anticipated to be a¢hieved over the medium tenn due to the regulatory changes which impact the school, predominantly VAT and renKTrval of the business rates relief and also headline infiationary pressures on the cost base. The board has ¢ontinued to keep the overdraft facility under review to ensure that in the absence of any free reserves, it ren)ains adequate to Cover the school's working capital requirements. Financial Revieiv The school has operated with a deficit in the year. Income continued to grow, increasing by IOO/o over the previous year, which was jointly due to increases in school fees and the success of the Pre-school and Nursery. Expenditure also increased by 10 %, a significant PTOPOrtion of this was due to wage increases for teaching staff and extra resources hired foT SEND and maintenance of the school buildings and grounds. The school. pre-scbool and nursery have strong pupil numbers. the school expects to operate similarly in the next year despite the regulatory impact set out above. The school shall carefvlly review its cost base coupled with expected inflationary cost pressures and detennine an appropriate revenue model to ensure sustainable growth. All income is made available for investment in the school and its teaching resources. curriculw marketing and pupil facilities. Future plrdns Key objectives: - Develop Pre-school and Nursery to increase numbers to 60. - Ensure a Receplion Class of l 0-12 is achieved each year with a view to increasing the class number available to 14. Achieve the maximum number of children which stands at 142 that Ghyll Royd is registered for, 82 pupils in school and 60 pupils in nursery. - Continue t() engage with the local community through a calendar of activities. STRu￿uRE, GOVERNANCE AND MANAGEMENT Governing document The Organisation is a charitable company limited by guarantee. in¢iJrporated on 12 June 1998 and registered as a charity on 26 June 1998. The Company was estsblished under a Memorandum of Association which established the objects and powers of the Charitable company and is governed under its Articles of Association. Page 3

d School istered number: 03583140 ort of the Trustees for the "¢%r ended 31 Au ust 2024 STRUCTURE, GOVERNANCE AIYD MAI¥4AGEMENT Recruitment and appointment of neiv tru$te¢s The directors of the company are also charity trustees for the PUTpo$es of charity law and under the ¢ompany's articles are knowi as Members of the Management Con]mittee. The trustees of the ¢harkty have been put logether to cover experience and knowledge in the areas of commercc, marketing. property, finance, law and legislation. All directors give of their time freely and share a passion and commitment needed to ensure the school remains a success. s set out in the Articles of Association, one tl)ird of tbe tn￿teeS must rettmi annually by rotation if necessary. Organisational strneture The management team consists of the Management Conllnittee. the Headteacber and Bursar/School Business Manager are invited guests at each meeting. Full Governing Board Meelings take place every terni and Educational and Finance Sub Committee Meetings tske pla¢¢ every ternL Day to day organisation is conducted by the Headteacher, with periodic meetings and reports with the Chair of Governors or other governors where appropriate. Induction and training of neTY trustees Most new members of The Management Committee are already familiar with the workings of the school, and its charitsble status. An induthion meeting is led by the Chair of Governors, with other current members of the Governing body in attendance. Areas covered at induction include the nthin obligations of a Governor and trustee in capacities, the operational fran]ewoTk for the Charity, resourcing and CUTrent financial position as set out in the published accounts, and future plans 2nd objectives. Key management remuneratlon The t￿Stee5 consider that senior management team comprises tbe key management personnel of the charity in charge of directing and controlling. rumiing and operating the charity on a day to day basis. All tTh￿tee5 give of their time freely and no ITUStee received remuneration in the year. Details of key management personnel benefits are disclosed in note 9. The pay of the senior management team is reviewed annually and nonnally jncreased in XCOTdance with average earnings. Rlsk n￿nagement The trustees examine the major risks the school face eacb financial year when preparing and updating the strategi¢ plan. The charity has developed systems to monitor and control these risks to mitigate any impact that they might have on the school in the future. REFERENCE AND ADMINISTIL4TIVE DETAILS Registered Company number 03583140 (England and Wales) Registered Charity number 1070235 Regl$t¢r¢d offlee Greystone Manor Burley In Wharfedale Ilkley West Yorkshire LS29 7HW Page 4

Gh IIRO d School Re stered number: 03583140 ort of the Trustees ear ended 31 Au ust 2024 for the Trustees D A Cumiingham Mrs A J Bedford Collins (resigned 31.8.24) M J Picken (resigned 31.8.24) Mrs V E Wood (r¢sign¢d 31.12.23) MSAL Wood B Thomson (r¢stgn¢d 7.1.25) Mrs J Johnson (appointed 3.1.24) Mrs Z Monroe-coclrane (appointed 1.4.24) Ms M Connor (appointed 1.2.25) J K Wharfe (appointed 24.2.25) Ayditors Walkers Accountants Limited sta￿tory Auditor and Chartered Accountants Aireside House Aireside Business Centre Royd Ings Avenue Keighley West Yorkshire BD214BZ Senlor Mgdn*gement Team D Martin Head Teacher H Nicholson Deputy Head Teacher Solicitors Clarions Elizabeth House 13 - 19 Queen Street Leeds West Yorkshire LSI 2TW Bankers Lloyds TSB Bank PLC 45 Hustlergate Brddford West Yorkshire BDI INT STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Ghyll Royd School for the PUTposes of company law) are responsible for preparing the Report of the Trnslees and the financial statements in accordance with appli¢able law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expendittue, of the clwitable company for that period. In preparing those financial slatements. the trust¢¢s are required io select suitable aecountlng policies and then apply them consistently. ob￿¢ the methods and principles in ihe Charity SORP. make judgements and estimates that are reasonable and prudent; stale whether applicable accounting standards have been follow¢d. subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. Page 5

Gh IIRO d S¢hool st¢red number: 03583140 R¢ rt of the Trustees for the l'ear ended 31 Au ust 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES - continued The trustees are responsible for keeping proper accounting records which di￿lOse with reasonable a¢¢urdry at any time the finall¢ial position of the clwitable company and io enable them to ensure that the financial statements comply with the Companies Act 2006. They aT¢ also responsible for safeguarding the assets of the charitable company and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no Televant audit inforniation of which the charitable company's auditors are unaware. and the trnstees have taken all steps that they ought to have taken to make themselves aware of any relevant audit I￿Orn￿tiOn and to establish that the auditors are aware of that IDfoTmation. AUDITORS The auditors, Walkers Accountants Lin)ited, will be proposed for re-appointment at the forthcoming Annual General Meeting. Report of the trustees, in¢oTporatin8 a strategic report, approved by order of the board of trustees, as the company directors. on 29 May 2025 and s]￿ed on the board's behalf by: D A Cunninglwn- Trustee Page 6

R¢ rt of the Inde Ddent Auditors to the Members of Gh ll Ro ,d S¢hool Oplnion We have audited the fu￿￿¢18[ statements of Ghyll Royd School (the 'chaTitable company,) for the year ended 31 August 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to tbe financkal statements, including a SUMM￿ of Si￿lfiCant accounting policies. Th¢ finan¢ial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of ihe state of the charitsble compatty's affairs as at 31 August 2024 and of its incoming resources and application of resources. including its income and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International SiandaTds on Auditing {UK} {ISAs (UK)) and applicable law. Our responsibilities under those standards are fiuther described in the Auditors, responsibilities for the audit of the fjnancial statements section of our report. We are independent of the clmritable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK including the FRC'S Ethical Standard. and we have ￿lfIlled OUT Otber ethical responsibilities in accordance with these requirements. We believe that the audit evid¢nce we have obtained is sufficient and appropriate to provide a basis for our opinion. These are however the charitable coMpan￿S first audited financial statements and the corresponding (2023) period was not audited. Conclusions relating to golng concern In auditing the financial ststements. we have concluded tbat the trustees, use of the going concern basis of accounting in the preparation of the fllwicial staten￿ntS is appropriate. Based on the WO￿ we have perfonned, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the fitwicial statements are authorised for issue. Our responsibilities and the responsibilities of the tn￿teeS with respect to going concern are described in the relevant sections of this report. Other inforni*tion The trustees are responsible for the other inforn]ation. The other inforniation Comprises tbe infomlltion included in the Annual Report, other than the financial statements and OUT Report of the Independent Auditor5 thereon. Our opini¢)n on the financial statements does not cover the other information an(L except to the extent othenvise explicitly stated in OUT report, we do not expres5 atty forni of assurance conclusion thereon. In comiection with our audit of the financial statements, our responsibility is to Tead the other Inforn￿tiOn an4 in doing so, consider whether the other infornution is materially inconsistent with the fllmncial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify su¢b material inconsisten¢i¢s or apparent material misstaiements. we ar¢ required lo detern)ine whether this gives rise to a material rnisstatement in the finan¢ial statements themselves. If, based on the work we have perforn]ed, we conclude that there is a material rnisstatement of this other infom]ation, we are required to report that fact. We have nothing to report in this regard. Opinion5 on other nv4tters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the infornwtion given in the Report of the Tn￿teeS for the financial year for which the financial ststements are prepared is consistent with the financial statemenls. and th¢ Report of the Trustees has been prepared in ac¢ordan¢e with applicable legaI requirements. Page 7

rt of the Inde ndent Auditors to the Members of Gh 11 Ro d School Matters on whlch we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtsined in the course of the audiL we have not identified mafrrial misstatements in the Report of th¢ Tnthes. We have nothing to report in respect of the following matters where the Companies Act 2006 requtres us to T¢POrt to you if, in our opinion: adequate accounting records hav¢ not been kept or returns adequate for our audit have not been received from branches not visited by us. or the finan¢ial statements are not in agreement with the accounting records and returns. or certain discloswes of trustees, remuneration specified by law are not made. or we bave not received all the infonnation and explanations we require foT OUT audit. Responsibilities of tru$te¢$ As explained more fully in the Statement of Trustees, Responsibilities, the tn￿te¢S (who are also the directors of the baritsble company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the tntstees determine is necessary to enable the preparation of fmancial statements that are free from material misstatement, whether due to fraud or e￿Or. tn preparing the fmancial statements, the trustees are responsible for assessing the eharitable companys ability to ontinue as a going concenL disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either tntend to liquidate the charitable company or to cease operations. or have no realistic alternative but to do so. Page 8

rt of the Inde ndent Auditors to the Members of Gh 11 Ro d School Our responslbllltles for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or eTror. and to Issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in ac¢oTdance with ISAS (UK) will always det¢ct a mateTial misststement when it exists. Misstatements can arise from fraud or error and are considered material If, individually or in the aggregate, they ¢ould reasonably be expected to influence the economic decisions of users taken otl th¢ basis of tbese fu￿nCIal statements. The extent to which QUT procedures are capable of detecting irregularities, including fraud is detailed below: - we assessed the extent of compliance with the law and regulations identified above througb making enquiries of management,. and - identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the suseeptibiltty of the Company's financial statements to material misstatement, including obtaining a understanding of how fraud might occur, by: - making enquiries of management as to where they considered there was susceptibility to frau( their knowledge of actual, suspected and alleged fraud; and - considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and Tegulations. To address the risk of fraud through management bias and ovetride of controls, we: - tested journal entries and other adjustments for appropriaten¢s5 to identify any unusual transactlQDS, and evaluation the business rationale of Si￿lficant transaction outside the norn]al course of the business. - reviewed the application of accounting policies with focus on those with heightened estimation uncertainty. In response to the risk of irregularities and non4omplian¢¢ with laws and regulations. we designed procedures which include¢ but were not limited to.. - agreeing finan¢ial statement disclosures to underlying supporting documentation. and - enquiring of management as to ac￿al and potential litigation and claims. A fiffther description of our responsibilities for the audit of th¢ financial statements is located on the Financial Reporting Council's website at www.frc.org.uklauditorsre5pon5ibilities. This description forn￿ part of our Report of the Independent Auditors. Page 9

rt of the Inde ndent Auditors lo the Members of Gh ll Ro ,d Sehool Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of e Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's embers those matters we are required to state to them in an auditors, Teport and for no other purpose. To the fullest extent perniitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members a body, for our audit worL for tl)i$ report, or for the opinions we have fonned. Andrew Day (Senior Stathtory Auditor) for and on behalf of Walkers Accountants Limited Statutory Auditor and Chartered A¢¢ountants Aireside House Aireside Business Centre Royd Ings Avenue Keigbley West Yorkshire BD214BZ 29 May 2025 Page 10

Gh 11 Ro d S¢hool Statement ofFinancial Activities oratino on Income and Ex enditure Account for the ear ended 31 Au ust 2024 Inco 31.8.24 Unrestricted fimds 31.8.23 Total fimds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2,627 1,139 Charitable activities School Fees and disbursements 1,032.557 954,264 Other income 61,283 43,058 Total 1,096,467 998.461 EXPENDITURE OIY Ratsing funds 46,019 39.541 Charitable activities Teaching costs Welfare costs Premises costs Administrative Costs 849,998 55,747 163.707 34,452 780.821 51,017 131.258 21,950 Total 1,149,923 1,024.587 NET INCOMEI(EXPENDITURE) (53.456) (26,126) RECONCtLIATIOIY OF FUNDS Total funds brought fonvard 251,341 277,467 TOTAL FUNDS CARRIED FORWARD 197,885 251,341 Th¢ not¢s fonn part of these financial ststements Page 11

Gh ll Ro d Sehool e istered number: 03583140 Balance Sheet 31Au st 2024 31.8.24 UnrestTiCted fi￿dS 31.8.23 Total funds Notes FIXED ASSETS Tangibl¢ assets 467,837 487.758 CURRENT ASSETS Debtors Cash at bank and in band 12 192,919 200,616 29,255 132,712 393.535 161.967 CREDITORS Amounts falling due within one year 13 (583,487) (318,384) NET CURRENT ASSETS (189,952) (156,417) TOTAL ASSETS LESS CURRENT LIABILITIES 277,885 331.341 CREDITORS Amounts falling due after more than one year 14 (80,000) {80,000) NET ASSETS 197.885 251,341 FUNDS Unrestricted funds 17 197.885 251,341 TOTAL FUNDS 197.885 251.341 The financial statements were approved by the BoaTd of TTustses and authorised for issue on 29 May 2025 and were signed on its behalf by.. D A Cunningham- Tn￿¢¢ The notes forn] part of th¢s¢ financial ststements Page 12

Gh 11 Ro d Sehool Cash Flow Statement for the ear ended 31 Au ust 2024 31.8.24 31.8.23 Notes Cydsh Ilows from operating activities Cash generated from operations Interest paid Interest element of hire pUr¢I￿se or finance lease rental payn]ents paid 71,452 (6) 86,199 (29) (182) Net cash provided by operating activities 71,264 86,170 Cash flows from investing aCti￿tieS Purchase of tangible fixed assets Sale of tangible fixed assets (3,360) (4,961) 4,302 Nel cash used in investing activities (3,360) (659) Change tn cash ¢a$h equivalents in the reporting period C*$h and ¢asb equlval¢nt$ at the beglnDlng of the reportlng period 67.904 85,511 132,712 47201 Cash and ¢a$b equivalents at the end of the reporting period 200.616 132,712 The notes forn) part of these financial statell￿ntS Page 13

Gh 11 Ro d S¢hooR Notcs to th¢ Ca$h Flow Statement ￿TrIAl￿A 21 li&* ?n?A RECONCILIATION OF NET EXPENDrruRE TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.8.24 31.8.23 Nel expenditure for the reporting period (a5 per the Statement of Flnanelal Activities) Adjustments for: DepT¢¢iation charges Profit on disposal of fixed assets Interest paid Interest element of hire purchase and finance lease rental pa>inents (Increase)Idecrease in debtors Increase in creditors {53.456) (26.126) 23,281 23,362 (4,242) 29 182 (163,664) 265,103 22,069 71,107 Net cash provided by operatlon$ 71,452 86,199 ANALYSIS OF CHANGES IN NET FUNDS At 1.9.23 Cash flow At 31.8.24 Net cash Cash at bank and in hand 132,712 67.904 200,616 132,712 67,904 200,616 Debt Debts falling due after l year (80,000) (80,000) (80.000) (80,000) Total 52.712 67.904 120,616 The notes forn] part of th¢s¢ financial stst¢ments Page 14

Gh 11 Ro d School Notes to the Financial Staternents th t)r pnAi*A 11 A li iiot ?11?.a ACCOUNTING POLICIES Basls of preparing the financial statements The fmancial statements of the charitsble cornpany. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Chatities: Statement of Recommended Practice applicable to ¢haTities pr¢paring their accounts tn accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019}'. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Irelalld, and the Companies Act 2006. The fmancial statements have been prepared under the historical cost convention. Going ¢on¢ern The weak UK economy continues to affect the demand for independent school places and the tn￿teeS have prepared forecasts on the basis various pupil numbers and working capitsl assumptions to determine the school's funding requirements. The school continues to operate with a positive net income and has a positive net assets position, though it has net cu￿ent liabilitie5 of £151.046 {2023: £148.736). The school, like many similar bodies, relies for it working Capital fimding on the bank overdrafi.These facilities have been agreed up to 8th Ju]Je 2025. Based on their review, the trustees have det¢rn]ined that the school is able to operate for a period of at least twelve n￿nthS from the date of approval of the financial statements arjd accordingly, they believe that it ts appropriate to prepare the financial statements on a going concern basis. Income recognition poll¢le$ Items of income are recognised and included in the a¢¢ounts when all of the following criteria are met.. - The charity has entitlement to the fimds - any perforniance conditions attached to the item(s) of income have been met or are fully within the control of the charity. - there is sufficient certainty that receipt of the income is ¢onsidered probable. and - the amount can be measured reliably. Income ie¢eived in advance is deferred until the criteria for income recognition are met. Expendlture and Irrecoverable vat Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits Thill be required in settlement and the amount of the obligation can be measured reliably. Expendilure is accounted for on an accruals basis and has been ¢lassified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to parti¢ular headings tbey have been allocated to activlties on a basis Consistent with the use of resources. trrecoverable VAT is charged as a cost against the activity for which the expenditure was incutred. Raising funds Costs of generating funds comprise the costs associated with attractlng voluntary income. Charitable Acti￿tieS Charitable expenditure comprises those costs incurred by the charity iti the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support tbem. Governance ¢o$ts Governance costs include those ¢osts associated with meeting the constitutional and statutory requirements of the Clwity and include the audit fees and costs linked to the strategic management of the charity Allocation and apportionment of costs Resources expended which relate directly to the charitable activities are analysed between; - Teaching Page 15 ontiDued...

Gh ,11 Ro d School Notes to the Ffinan¢ial Statements - eontinued for th¢ ear ended 31 Au ust 2024 ACCOUNTING POLICIES - continued Allocadon and apportionment of e051s - Welfare - Premises - Support costs TanEfible fixed Assets Depreciation is provided at the followlng annual rates in order to write off each assel over its estimated useful life or, if held under a finance lease. over the lease tern4 whichever is the shorter. Improvements to property Fixttres and fittings Motor vehicles 2 /0 on cosl 150/0 on Teducing balance 25 /0 on Tedu¢itig balance Improvements to property costing more than £1.500, together with fixtures and fittings costing more than £500 and all motor vehicles are capitalised. Taxatlon The clwity is exen¥t from corporation tax on its charitable activities. Fund *¢counting Unrestricted funds are available to spend on activities that further any of the purposes of the clwity. Restricted fimds Can only be used for particular restTiCted PUTposes within the objects of the Charity. Restrictions arise when specified by the donor or when fimds are raised for particular restricted Purposes. Hfire purchase and leasing commitments Assets obtained under hire purchase contracts or finance leases are capitalised in the Balan¢¢ Sheet. Those beld under hire purchase contra¢ts are depreciated over their estimated use￿1 lives. Those held under fllwice leases are depreciated over their estimated useful lives or the lease t¢rnL whichever is shorter. Penslon costs and other post-retir¢ment b¢neflts The charitsble ¢ompany operates a defined contribution pension scheme. Contributions payable to the charitable companys pension scheme are charged to the Statement of Financial Activities in the period to which they relate. DonAted senTi£es and facilities Donated sernices or facilities are recognised as income when the charity has control over the item. any condition associated wilh the donated item have been meL and receipts of economic benefit from the use by the charity is probable and that the economic benefit Can be measured reliably.The value of services provided by volunteers has not been provided for in these accounts. Debtors Trade debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount Prepaid. Cash at bank and fin hand Cash at bank and in hand includes cash and short terni bigbly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cr¢dltors Y4nd provlsions Creditors and PTovisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are nornwlly ai iheir settlement amount after allowing for any discounts due. Financial instruments Page 16 continued...

Gh IIRO d School Notes to the Flnaneial Statements - contlnued ~AnA 21 A.. ACCOUNTING POLICIES- continued The trust only bas assets and liabilities of a kind that qualify as basic fmancial instrument. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loan whi¢h are subsequently measured at the carrying value plus accrued interest less repayments. The financing charge to expenditure is at 8 constant rate calculated using the effective interest method. Government Grants Grants received in relation to fvrlough are intended to cover costs and are therefore recognised in the profit and loss in the same period in which the related expense was incurred DONATIONS AND LEGACIES 31.8.24 31.8.23 Donations 2,627 1,139 INCOME FROM CHARITABLE ACTIvrrIES 31.8.24 School Fees and disbursements 31.8.23 Total activities Fees and disbursements Nursery fees and disbursements Nursery grants 688,334 228,430 115,793 608,186 237,909 108,169 1,032,557 954,264 RAISIIYG FUNDS Markethig exp¢ndRture 31.8.24 31.8.23 Staff costs Advertising 36,354 9,665 32,406 7,135 46,019 39,541 Page 17 continued...

Gh .11 Ro ,d School Notes to the Ffinaneial Statements - continued for the ear ended 31 Au ust 2024 CHARITABLE ACTIVITIES COSTS Support costs (see note 6) Direct Costs Totals Teacbing Costs Welfare costs Premises costs Administrative costs 849.998 55,747 163,707 9,001 849.998 55,747 163,707 34,452 25,451 1,078,453 25,451 1,103,904 SUPPORT COSTS Governance costs Management Finance Tota15 Administrative costs 14.486 1.218 9.747 25,451 Support costs. included in the above, are as follows: Management 31.8.24 Administrative cosls 31.8.23 Totsl activities Telephone PriDting & stationery I￿gaI and professional fees 1.847 6,045 6,594 1,317 7.232 5,307 14,486 13,856 Flnance 31.8.24 Administrative costs 31.8.23 Total activities Bank charges Bank interest Hire purchase 1.030 (117) 29 182 1,218 (88) Governanee costs 31.8.24 Administrative costs 31.8.23 Total activities Auditors, remuneration Accounlancy and l¢gal fees 4,51)0 5.247 3.720 9,747 3,720 Page 18 conlinued..-

Gh 11 Ro ,d School Notes to the Financial Statement5- continued for the 'ear ended 31 Au ust 2024 NET INCOMEIIEXPENDITURE) Net income/(expenditure) is stated after Chargin￿(credIti￿g). 31.8.24 31.8.23 Auditors, remuneration Depreciation - owned assets Surplus on disposal of fixed assets 4,500 23,281 23,346 (4.242) TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023. Trustee$, txp¢n$e$ The￿ were no trustees, expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023. STAFF COSTS 31.8.24 31.8.23 Wages and salaries Social security costs Other pension costs 763,909 55,115 19.816 704,470 47,384 18.245 838.840 770.099 The average monthly number of employees during the year w&s as follows: 31.8.24 16 17 31.8.23 17 17 Teaching Non- tea¢bin8 33 34 No employees received emoluments in excess of £60.000. The key management personnel of the charity, ¢omprAse of the trustees. the Head Teacher and the Deputy Head Teacher. The total ernploiqnents benefits including employer pension contribution of the key management p¢rsonn¢l of the charity were £117,073 (2023. £103,694). Pag¢ 19 ontinued...

Gb ll Ro ,d School Notes to the Financial Statements- continued for the ear ended 31 Au ust 2024 io. INTAIYGIBLE FIXED ASSETS Goodwill COST At I September 2023 and 31 August 2024 5,000 AMORTISATION At I September 2023 and 31 August 2024 NET BOOK VALUE At 31 August 2024 At 31 August 2023 TANGIBLE FIXED ASSETS Improvements to pr(yerty Fixtures Motor vehicles fittings Totals COST At I Sepfrmb¢r 2023 Additions 765,525 181,927 3,360 36,765 984,217 3,360 AÉ 31 August 2024 765,525 185,287 36,765 987.577 DEPRECIATION At I September 2023 Charge for year 320,519 15,310 143.163 6,974 32.777 997 496,459 23,281 At 31 August 2024 335.829 150,137 33.774 519,740 NET BOOK VALUE At 31 August 2024 429.696 35,150 2,991 467.837 At 31 August 2023 445,006 38,764 3,988 487,758 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.24 31.8.23 Trade debtors Other debtors Prepayments 176,814 659 15,446 14,583 14.672 192,919 29,255 Page 20 continued...

Gh 11 Ro d ￿h0o1 Notes to the Financial Statements - continued for the 'ear ended 31 Au ust 2024 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.24 31.8.23 Trade Creditors Social security and other taxes Other creditors Deferred income Accrued expenses 11,853 9,331 7,753 537,932 16,618 19,442 13,138 6,518 267.990 11,296 583,487 318,384 14. CREDrroRS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 31.8.24 31.8.23 Other loans (see note 15) 80.IKKI 80,000 15. LOANS An analysis of tbe maturity of loans is given below: 31.8.24 31.8.23 Amounts falling between one and two ytrdrs: Other loans- 1-2 years 80,000 80,000 16. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: 31.8.24 31.8.23 Within one year Between one and five years 949 246 989 1,231 1,195 2,220 17. MOVEMENT IN FUNDS Net movement in funds At 31.8.24 At 1.9.23 Unrestri¢tsd funds General fund 251,341 {53,456) 197,885 TOTAL FUNDS 251,341 (53,456) 197,885 Page 21 ontinued...

Gh 11 Ro d S¢hool Notes to the Financial Statements - continued for the 'ear ended 31 Au ust 2024 17. MOVEMENT IN FUNDS - contfinu¢d Net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 1,096,467 (1,149,923) (53.456) TOTAL FUNDS 1.096.467 (1.149,923) (53,456) Comparatlves for movement in funds Net movement in fimds At 31.8.23 At 1.9.22 Unrestricted funds General fund 277.467 (26,126) 251,341 TOTAL FUNDS 277.467 (26,126) 251.341 Comparative net movement in fimds, in¢luded in the above are as follows: Incoming Tesources Resources expended Movement in fimds Unrestricted funds General fund 998,461 (1,024,587) (26.126) TOTAL FUNDS 998,461 (1,024,587) (26,126) A CUTrent year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.8.24 At 1.9.22 Unrestricted fund5 General fjjnd 277.467 (79,582) 197,885 TOTAL FUNDS 277,467 (79,582) 197.885 Page 22 continued...

Gh 11 Ro d School Note$ to the Financial Statements - continued for the 'ear ended 31 Au ust 2024 17. MOVEMENT IN FUNDS - continued A ¢uttent year 12 months and prior year 12 months combined net movement in funds, included in ihe above are as follows.. Incoming resources Resources expended Movement in ￿ndS Unrestricted funds General fund 2,094.928 (2,174,510) (79,582) TOTAL FUIYDS 2,094,928 (2, 174,510) (79.582) Name of Fund DescriptlOD, nathre and purpo$¢ of the fund General Unrestri¢ted Fund: General Unrestricted Funds are for the ¢harAtsble objectives of the clwity. Designated Unrestricted Funds: Designated funds was for the purchase and installation of retractable seatlng system for the school. 18. EMPLOYEE BENEFIT OBLIGATIONS The company operates a defined contribution pension scheme. Pension costs relating to tbis scheme amounted to £19,817 (2023. £18,245) during the year. There was outstanding contribution of £5,629 at the balance sheet date (2023. £4.783}. 19. CONTINGEIYT LIABILITIES It has been agreed with the landlords of the school premises that the rent liability of £383,999 will not now become due until such time as the school is meTged with another school or if the school's aetivities and undertaking are taken over by another body. Since neither of these scenarios are deemed probable this liability has not been reCOg￿lS¢d in the a¢¢ounts. 20. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 August 2024. Page 23